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495230

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1m

Analysis and statistics

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About

495230.KO is the financial product symbol for the KODEX KOFR 금리 액티브(합성) ETF, which is a South Korean Exchange Traded Fund (ETF). This ETF tracks the Korea Overnight Financing Repo Rate (KOFR) and aims to provide returns similar to the interest earned on overnight repurchase agreements in the Korean market. It's a passively managed fund and designed for investors seeking exposure to short-term money market rates in Korea.
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Factors

Underlying Index Performance: The primary driver is the performance of the index 495230.KO tracks. Positive index returns lead to higher ETF prices, and vice versa. Supply and Demand: General market demand for Korean equities and specifically this ETF affects its price. Higher demand pushes prices up, while increased selling pressure lowers them. Management Fees and Expenses: The ETF's expense ratio, which includes management fees and other operating costs, indirectly affects price by slightly reducing returns compared to the underlying index. Currency Exchange Rates: As the ETF invests in Korean assets, fluctuations in the Korean Won (KRW) against other currencies (like USD) influence its price for international investors. Economic Conditions in Korea: The overall health of the Korean economy, including GDP growth, inflation, and interest rates, can impact the performance of Korean companies and thus the ETF's value.

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